Mailo Ltd

Mailo Ltd is a private limited company registered in England/Wales with the registration number 11668596. The company was founded six years ago on November 08, 2018, and registered at M46 0UL, England, Manchester, 17 Gort Lane, Atherton. The address is probably real as only two companies registered at the address. Its status is active. The company operates in the retail sale via mail order houses or via internet industries. Officially, it has one owner or PSCs, one director and no number of employees published.

The company’s website showcases a range of innovative services centered around privacy and personal data protection. Mailo offers a webmail service, agenda, storage space for photos and documents, organization tools, and positions itself as an "ethical communication platform." It caters to both individual and business users with offerings like Mailo Junior (for children), Mailo Pro (for businesses), and Mailo Edu (for schools). The site emphasizes security, user choice, and a commitment to an open internet. It also highlights the availability of apps for iOS and Android.

Financially, Mailo Ltd presents a mixed picture. Current assets decreased by 18% to £13,000, while net assets also fell by 5.3% to -£22,000. Bank borrowings decreased by 14% to £40,000, and cash reserves increased slightly by 9.7% to £1,200. Creditors also decreased by 5% to £36,000. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the negative equity suggests it’s burning through money. The accounts are unaudited, and no auditor is mentioned, which is common for small companies.

The company’s financial data also reveals some interesting trends. Accumulated depreciation for computer equipment increased by 21%, while furniture fittings saw a 15% rise. Loans from directors decreased significantly by 47%, which could indicate improved cash flow management. It’s clear that Mailo Ltd is facing challenges, but its focus on privacy and ethical communication may resonate with a growing market.

Registered in England/Wales under the registration number 11668596, with a registered address at M46 0UL, England, Manchester, 17 Gort Lane, Atherton.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.